Protection

A standard life insurance policy is essentially the most straightforward way to insure your life.

For many people, it often works out to be the most cost-effective as well. With this policy, you are covered for a fixed period, and should you die during the term of the policy, your provider will pay out a lump sum.

Term life insurance is ideal for those who want to ensure that, in the event of their untimely death, their family receives a lump sump that can assist with financial obligations such as:

Thee cost of funeral preparations
Loss of income
Mortgage payments
Loan or debt repayments

At Ashleigh Green, we’ll get to know you to find out more about how we can help you choose the right life insurance policy. We’ll assess things like your long-term plans, your current financial status and your health history, and then will present you with the best options to suit your finances and ensure your family is covered for any eventuality.

While some people may want their loved ones to receive a lump sum in the event of their death, others may also want to have a plan in place that ensures they get a tax-free lump sum should they be involved in a catastrophic accident, or be diagnosed with a specific illness.

Many people will choose to have this protection in place alongside a life insurance policy, while those who work in a high-risk industry and therefore have a higher chance of being involved in an accident may want to have critical illness cover as a standalone policy. A payout could help you and your family in the event that you suffer an event such as a heart attack or stroke, or if the onset of an illness or condition forces you to stop working. With the money paid out, you could cover things such as:

Mortgage payments
Loan or debt repayments
Income lost due to time off work
The costs of medical equipment or alterations to your home if your accident has rendered you disabled
These are just a few of the ways in which terminal illness insurance could be incredibly helpful during a difficult time. We will work with you to determine which is the best policy based on your specific needs, as not all providers will offer the same protection, and major illnesses such as cancer or pre-existing conditions are often not covered. In order to make sure that you are opting for the right policy that will in fact provide your family with the support and financial peace of mind they will need should anything happen to you, turn to Ashleigh Green.

Even if you are employed full-time and eligible for sick pay, employers may not pay out for more than 12 months, after which you may be left to struggle just to make basic ends meet. Furthermore, if you are self-employed, having protection to replace your income should anything happen to you is absolutely vital. With an income protection insurance plan, if you are left unable to work due to sickness or an accident, you will receive a regular payout of income. You can choose the length of the policy to ensure continuous payouts, and so many people choose a term that ends with retirement.

Failing to keep up with your mortgage repayments can result in your home being repossessed, and so if you have recently qualified for a mortgage, putting income protection in place alongside this can give you peace of mind that you will not lose your home in the unfortunate event that you suffer an injury or are diagnosed with an illness. At Ashleigh Green, we can help you find the right income protection or mortgage payment protection insurance to ensure you are covered.

With mortgage protection insurance, you are covered in the event that an accident, illness or unemployment renders you unable to pay your mortgage.

Sometimes called “Accident, Sickness and Unemployment protection”, this type of insurance will pay out to cover your mortgage monthly payments for the length of your term. Failing to keep up with mortgage repayments can result in your home being repossessed, and so for many people, having mortgage protection insurance in place provides substantial peace of mind. If you are worried about being involved in an accident or losing your job, or if you are the sole earner in your household, you may benefit from having this type of insurance protection in place.